Despite a recent slump in Bitcoin prices, Michael Saylor promotes the cryptocurrency as a crucial asset to counter rising household debt. He controversially suggests people should take drastic actions, even sell a kidney, to invest in Bitcoin. Saylor’s firm, Strategy, has been accumulating Bitcoin for years, totaling nearly 500,000 coins. He compares Bitcoin's potential to Manhattan real estate, asserting that its value will continue to rise. Critics have ridiculed his advice, prompting backlash on social media, especially given the financial struggles many face today.
When the price of Bitcoin dropped about 14 percent over the month of December 2024, Saylor held the faith, urging the public to "think of Bitcoin as Manhattan in cyberspace."
Once you know how it all ends, the only use of time is, how do I buy more bitcoin?"
Take all your money, buy Bitcoin," Saylor advised. "Take all your time, figure out what you can sell to buy Bitcoin.
How about u sell ur yacht, beachfront house and ur MSTR stock to buy more Bitcoin," goaded one poster.
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